Valeo SE (OTCMKTS:VLEEY – Get Rating)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.63 and traded as low as $9.05. Valeo shares last traded at $9.20, with a volume of 57,644 shares traded.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on VLEEY shares. Cheuvreux downgraded Valeo from a "hold" rating to a "reduce" rating in a report on Tuesday, June 14th. Berenberg Bank increased their price objective on Valeo from €23.00 ($23.47) to €24.00 ($24.49) in a report on Monday, August 1st. Barclays downgraded Valeo from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 6th. Finally, Societe Generale increased their price objective on Valeo from €19.00 ($19.39) to €21.00 ($21.43) in a report on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Valeo presently has a consensus rating of "Moderate Buy" and a consensus price target of $23.00.
Get Valeo alerts:Valeo Stock Down 1.6 %
The company has a fifty day moving average of $9.85 and a two-hundred day moving average of $9.63. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.65 and a current ratio of 0.89.
About Valeo
(Get Rating)Valeo SE designs, produces, and sells components, systems, and services for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.
Further Reading
- Get a free copy of the StockNews.com research report on Valeo (VLEEY)
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